HARP - Home Affordable Refinance Program

HARP - Home Affordable Refinance Program

 

The Home Affordable Refinance Program (HARP) has been extended until December 31, 2013.

 Established in 2009, for Fannie Mae and Freddie Mac, the Home Affordable Refinance Program provides an option for homeowners to refinance “Under Water Mortgages”. A HARP Refinance addresses situations where the homeowner’s property value has fallen causing them to no longer to qualify under traditional underwriting criteria. Homeowners with a loan owned by Freddie Mac or Fannie Mae have the opportunity to refinance with any participating lender.  Click here for more details on this program.

 

HASP - Homeowner Affordability and Stability Plan

HASP - Homeowner Affordability and Stability Plan

 

The HASP (Home Affordability and Stability Plan) also known as "The Making Home Affordable" plan is a far-reaching program created to assist home owners with their current mortgages in two ways:

• A Refinance Program
• A Loan Modification Program

Click here for more details on this program.

 

 

Contact us today to see if your loan qualifies for either the HARP or HASP program.